Bank-backed AllUnity launches MiCA-compliant US dollar stablecoin USDAU

Payments infrastructure provider AllUnity has launched USDAU, a fully reserved US dollar stablecoin, across Ethereum, Solana, Base, Tempo, Arc and Polygon, the firm said Wednesday. Issued under the EU’s Markets in Crypto-Assets (MiCA) framework, the stablecoin is structured as an e-money token, backed by segregated US dollar reserves and redeemable 1:1. AllUnity is also adding Instant FX to its Business Mint Account, allowing businesses to mint stablecoins in supported currencies and move value between them on the same platform. Institutional clients can mint and redeem USDAU through the account, while additional partners provide liquidity, banking, custody and FX services, the company stated. Formed by DWS, Deutsche Bank’s asset management arm, Flow Traders and Galaxy Digital, with other market-infrastructure partnerships including Deutsche Börse Group, AllUnity provides MiCA-compliant, fiat-backed stablecoins and payment infrastructure for institutional and corporate customers. Operating as a BaFin-regulated e-money institution, the company supports cross-border payments, treasury management, liquidity and digital-asset settlement through a multicurrency, multichain platform link...